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Norwood, Johannesburg: Guesthouse/ Bed & Breakfast for Sale

Johannesburg Central

R5,100,000 plus VAT

Listing Number: CTR62497
About this listing
This is an excellent opportunity to own business in the heart of the trendy suburb of Norwood. Situated on the neighborhoods busiest commercial street, with trendy restaurants; supermarkets and boutique shops this opportunity does not only present an investment haven but also invites you to be part of the lifestyle and community of Norwood. This well established business has developed a regular clientele with potential to be grown through a service initiative. This Guesthouse will appeal to clients from abroad and locally as it offers the privacy of their own apartment but the convenience of a hotel.
There are 8 beautifully decorated guest suites that are equipped with everything needed to make a guests stay homely. Be it a weekend away or a fortnights stay, whether for business or pleasure - it presents an opportunity of quite privacy or city amusement, with Houghton Golf Club just a few hundred meters from the property.

The guesthouse currently offers an in-house laundry and dry cleaning service; a room cleaning and catering service; wireless internet connectivity; swimming pool and garden to make that stay a little more special. The suites have also been all equipped with a TV set should guests want to catch-up on their favorite programs.
The property also has a very large front yard, that is currently being used as parking-space but can be used to extend the building for more suites should you wish to increase on return investment. The business also has dinning room which opens out on to the private garden and swimming pool for guests who prefer not to eat in their suites (although the Avenue offers restaurants to suit any appetite) ,
Property Information
  • Tenure: Freehold
  • Property Type: Hotel / Tourism, Tenanted Investment

Agent Details

95 Rossini Boulevard
SW1
Vanderbijlpark
Office website

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